TransLink Financial Turnaround

TransLink’s operating budget turned in a $ 24 million surplus in the first quarter of 2010. Originally, TransLink forecast a $ 10 million deficit. The organisation credits Olympic ridership and VANOC payments for Olympic-related services, higher than forecast...

Golden Ears Bridge Traffic Below Forecasts

The Golden Ears Bridge, Greater Vancouver’s first, modern toll bridge has not reached traffic or revenue projections in its first year of service. Traffic is 25% below 2004 projections (22,300 vs. 29,400 vehicles / day) and revenue is down about 17 % ($26.5 million...

Canada Line Ridership Beats Forecasts

Daily ridership on TransLink’s Canada Line  is a few thousand riders short of its 2013 forecast ridership of 100,000 riders / day. TransLink spokesman, Ken Hardie, stated that the Olympics, ridership increases on buses feeding the Canada Line, and pent-up transit...

BC Ferries’ FOI Legislation and Executive Compensation

BC Ferries CEO, David Hahn, says forcing the corporation to abide by provincial freedom-of-information legislation could cost $3 million annually, putting upward pressure on ferry fares. The change results from the provincially ordered Comptroller General’s report....